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Latino Business Action Network Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460649020 ✦ San jose, CA ✦ Designated as a 501(c)(3)

Overview

What is Latino Business Action Network Inc?

The Latino Business Action Network Inc, located in San Jose, California, is a nonprofit organization dedicated to uplifting the lives of Latinos. Their primary focus lies in entrepreneurship, running an innovative 8-week business scaling program at Stanford University, specifically designed for growing Latino-owned businesses. This program offers a transformative experience, aiming to enhance the strength and growth potential of these businesses. The organization aspires to contribute positively to the United States by improving the lives of Latinos, with a current workforce of six individuals.


Is Latino Business Action Network Inc legitimate?

Latino Business Action Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latino Business Action Network Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $219,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $591,522

For more financial information, click here


What is the mission statement of Latino Business Action Network Inc?
Who is the CEO of Latino Business Action Network Inc?
What is the revenue of Latino Business Action Network Inc?
Who are the executives of Latino Business Action Network Inc and what are their salaries?
Where can I find the form 990 for Latino Business Action Network Inc?

Mission Statement of Latino Business Action Network Inc

The Latino Business Action Network (LBAN) is a nonprofit organization with a mission to enhance the United States by improving the lives of Latinos. Based on this purpose, LBAN operates as an entrepreneurship organization, striving to make a significant impact on the community. Their primary focus is to strengthen the nation, specifically by uplifting the Latinx population.

In line with this mission, LBAN has developed a unique and transformative program called the SLEI-ED Business Scaling Program. This 8-week initiative, conducted at Stanford University, is tailored for Latinx business owners aiming to grow their enterprises. The program provides a valuable opportunity for these entrepreneurs to learn, network, and gain the necessary tools to elevate their businesses to new heights. Through this program, LBAN is making a substantial contribution to the Latinx community, empowering business owners to succeed and contribute positively to the nation's economy.

Impact

This information is meant to be a general summary of Latino Business Action Network Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Latino Business Action Network Inc's impact lies in its mission to strengthen the United States by improving the lives of Latinos. Through their signature program, the SLEI-ED Business Scaling Program at Stanford University, they provide a uniquely transformative experience for Latino owners of growing businesses. By equipping Latino entrepreneurs with the skills and knowledge needed to scale their businesses, LBAN is not only fostering individual economic empowerment but also contributing to the overall economic growth and prosperity of the Latino community. Their focus on education and empowerment directly impacts the community by creating opportunities for success and advancement.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,658
  • Program Service Revenue: $436,033
  • Gross Receipts: $2,061,825

    • Assets and Liabilities:
  • Total Assets: $3,149,162
  • Total Liabilities: $329,198
  • Net Assets: $2,819,964
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EVENT & CLASS

    Revenue

    $436,033

    Organization Details

    Founding Year

    2012

    Principal Officer

    Arturo Cazares

    Main Address

    297 COMMERCIAL ST, SAN JOSE, CA, 95112

    NTEE Category

    Code: S99 - Community improvement

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